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Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback? year 0 1 2 3 4 Cash

Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback? year 0 1 2 3 4 Cash flows -$350 $200 $200 $200 a. 1.42 years b. 2.12 years c. 1.58 years d. 1.93 years e. 1.75 years

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